According to Gate, gold and silver prices rose as Gate TradFi expanded app and web access to metals, forex, indices, CFDs, and commodities, while Coinglass showed elevated XAUT and XAG derivatives activity.
Gate reported rising precious-metals prices alongside broader multi-asset platform access. In one announcement, Gate said XAG reached $77.92 and XAUT climbed to $4,551.4 on May 24, while Coinglass data showed strong derivatives activity, including $30.48 million in 24-hour XAUT contract volume with $180 million in open interest and $59.86 million in XAG volume with $107 million in open interest. In a separate update, Gate said gold reached $4,515.2 per ounce, silver rose to $77.158, and BVIX stood at 36.39, while Gate TradFi was made available across the company’s app and web platform for trading metals, foreign exchange, indices, CFDs, and commodities. The two updates indicate active interest in tokenized precious metals and Gate’s broader push to offer traditional finance products alongside its digital asset services.